MTLS (59) DDD (27) MTC (26) BLZE (39) ⌘ Pro Terminal →

i3 Verticals Inc. (Class A) (IIIV) — RQD Stock Rating Cockpit

$17.31 +0.23% NASDAQ • Live Quote vs Prior Daily Close (Synced Snapshot) EXT / AFTER-HRS: $17.28

i3 Verticals Inc. (Class A) (IIIV) carries a Roarable Rating of D+ (Sell) with 53/100 RQD Confidence due to weak cash-flow efficiency and sensitivity to current interest rates. Wait for business cash flow and institutional buying to improve before committing fresh capital.

📊 Historical Track Record: Scores of 53/100 (D+) historically posted market-perform odds over rolling 90-day windows (-0.9% avg 90D alpha vs SPY) →

ROARABLE D+ • SELL / AVOID Cap $455.6M

📤 Share Live RQD Speedometer Card: 𝕏 Post Reddit StockTwits ⬇ Live SVG Card

INTERACTIVE SCENARIO DECK:

🛡️ Portfolio Crash X-Ray

EXT / AFTER-HRS: $17.28 (-0.15%)🧬 Disciplined Float (+0.80% YoY Shares)⚙️ Cash Engine: 7/20 (D-) • 1.8% FCF Margin

Verify 90D Bucket Audit →

📊 Historical Track Record: Scores of 53/100 (D+) historically posted market-perform odds over rolling 90-day windows (-0.9% avg 90D alpha vs SPY • 50.6% hit rate — wait for RQD ≥ 70 breakout).

Audit Bucket Track Record →

RQD QUANT TACHOMETERSELL / AVOID • D+

JEV AI Jury Split (Battleground)

Cash

SEC

Whale

Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer

5-PILLAR SNOWFLAKE RADARRw D- · Rk C+

Each axis scored 0–20

12M PRICE TARGET CONE-2.3% Base Target

WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for IIIV)Realized 20D OHLCV Swing Band: ±8.2%

Deterministic 5-Pillar Attribution (53/100 Composite)

🔍 WHY IIIV SCORES 53/100 (D+) — TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag

▲ #1 Bullish Driver: SEC 10-K Forensic Risk+14/20 pts (26% of score)

Altman Z-Score 3.16 (FORTRESS SAFE (>3.0)) • Piotroski F-Score 5/9

▲ #2 Bullish Driver: Macro Regime Fit+13/20 pts (25% of score)

FRED Regime × Technicals: 21% of 52W Range • RSI-14 at 66.5 (BULLISH MOMENTUM)

▼ #1 Drag / Risk Factor: Cash Engine Quality7/20 pts (-13 pt drag)

Capital intensity & 1.8% operating margin leave 13 pts on the table

📈 PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 → Q2 → Q3 → Current

Q1 (-3Q)

Grade D$15.98+4.4% Next Q

Q2 (-2Q)

Grade D$16.68+4.1% Next Q

Q3 (-1Q)

Grade C-$17.37-0.3% Next Q

Current

Grade D+$17.31-0.9% Hist 90D α

Trajectory: D (45) → D+ (53)Full Audit →

⚔️ ADVERSARIAL OPPOSING CASE & FORENSIC KILL-SWITCH (WHY THE BULL/BEAR THESIS COULD FAIL)CONTRARIAN TURNAROUND & SHORT-SQUEEZE DOSSIER

⚔️ Adversarial Opposing Case: What Could Spark a IIIV Turnaround Squeeze

Gideon Ashmere Forensic Desk →

While IIIV currently carries a cautious 53/100 (D+) rating due to Cash Engine Quality (7/20), shorts face asymmetric squeeze risk if free cash flow inflects or management executes accretive buybacks.

🚀 Contrarian Squeeze Trigger #1

Established market leader in Technology with deep daily trading liquidity.

🚀 Contrarian Squeeze Trigger #2

Options & Short-Covering Gamma: Reclaiming the 50-day SMA ($15.90) and Max Pain ($18.18) forces dealer call-delta covering toward $32.90.

🚀 Contrarian Squeeze Trigger #3

Forensic Repair Trigger: Halting share dilution (Disciplined Float (+0.80% YoY Shares)) or retiring high-cost debt immediately upgrades the SEC 10-K Forensic pillar.

🎲 LIVE PREDICTION MARKET ODDS TIED TO $IIIV• $4.8M Crowd Pool • Kalshi / Polymarket Composite

Contract: “IIIV Beats Next Quarterly Revenue & EPS Consensus + Hyperscaler AI CapEx Holds Record Pace”

YES 53%NO 47%Trade / Inspect Odds →

RSI-14 MOMENTUMBULLISH MOMENTUM

66.530 Oversold · 70 Hot

ALTMAN-Z SHIELDFORTRESS SAFE (>3.0)

3.16>3.0 Fortress Safe

PIOTROSKI F-SCORESOLID CORE (5–6)

5 / 99-Pt Accounting

52-WEEK LASER RANGE21% OF RANGE

L: $14$17.31H: $31

1. Money & Cash Health● WEAK

Are profits real cash in the bank?

Weak cash conversion or heavy valuation strain compared to actual cash earned.

Factor Grade: D-RQD 7 / 20

2. Big Money & Insiders● TRIMMING

Are whales & executives buying or selling?

Insiders and big institutional desks have been trimming shares rather than stepping up to buy.

Factor Grade: DRQD 19 / 40

3. Hidden Risks & Market Weather● WATCH

SEC fine-print scan & interest-rate fit

No major SEC filing blowups, though current interest rates and Fed liquidity call for normal position sizing.

Factor Grade: C+RQD 27 / 40

MULTI-MODEL JEV QUANT JURY DELIBERATION

JEV AI Jury Split (Battleground) on IIIV

Cash & Moat Bull AI

ROIC & Free Cash Flow Model

BEARISH (35)

0.9% ROIC with 42.0% gross margin and 0.82% FCF yield.

SEC Forensic Auditor AI

10-K Accruals & Altman-Z Guard

BULLISH (70)

Altman-Z 3.16 and Piotroski 5/9 pass balance-sheet audit.

Whale & Macro Hawk AI

Options Skew, 13F & Fed NetLiq

NEUTRAL (53)

19/40 institutional & smart-money positioning score with 13/20 macro alignment.

Bull Case: Why Buyers Like IIIV

✓Established market leader in Technology with deep daily trading liquidity.

Bear Case: What Could Go Wrong

!Company executives have done more routine share selling than personal cash buying lately.

ON-DEMAND RQD QUANT WORKSHOP • SPONSORED / PARTNER SPOTLIGHTHosted by Perry Belcher & Roarable Forensic Quant Desk

Red-Light Warning Desk: Spotting SEC Cash-Flow & Dilution Risks Before Downgrades (Featuring IIIV)

✓Walkthrough of IIIV's RQD Radar, SEC cash-conversion gap & downside invalidation levels
✓3 asymmetric Bear/Hedge frameworks when 10-year Treasury yields stay elevated
✓Includes nightly RQD rating-change & forensic signal email alerts on your tracked stocks

RQD INSIDER CLUB WAITLIST$49/YR PLANNED

Want Custom AI PineScript / Python Indicators & Priority Rating-Change Alerts?

Join Founding VIP Waitlist (No Card Required) →$100K Arena

IIIV // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: -23.24%⚡ TESTING RESISTANCE

2026-10-30O $17.42H $17.63L $17.20C $17.31VOL 165.6K

RES: $17.80SUP: $12.25SMA50: $15.90SMA200: $19.90

PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

IIIV Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

🦋 IIIV Butterfly Map → + Track IIIV →

Share Count & Dilution Monitor (#25)

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle (#30)

19.2%/yr Implied 5Y Growth

vs. +11.5% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger (#33)

No active Ellis Vennor swing setup published on IIIV today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for IIIV. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video

🎬 No recent verified company-specific video clip queued for IIIV today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →

DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK

📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (IIIV)

Technology Rank #357 of 714 ⚔️ MTLS vs IIIV Full Matrix →

1. Head-to-Head Technology Peer Comparison (IIIV vs. MTLS, DDD, MTC, BLZE)

Industry: Computer Software: Prepackaged Software (222 Tracked Issuers)

Across 714 tracked Technology securities in the Roarable RQD universe, i3 Verticals Inc. (Class A) (IIIV) ranks #357 by composite RQD confidence (53/100, grade D+) and #421 by equity capitalization ($455.6M). Within this direct 5-issuer industry benchmark cohort, DDD leads on earnings valuation at 16.3x trailing P/E, while IIIV leads on capital efficiency and profitability with 0.9% ROIC and — gross margin. MTLS currently holds the highest overall quantitative score in the immediate peer group at 59/100 (C-) compared with IIIV at 53/100 (D+).

Ticker / Company	Roarable Grade	RQD Score	Trailing P/E	Gross Margin	ROIC	1D Change	Market Cap	Head-to-Head
IIIV ACTIVE i3 Verticals Inc. (Class A)	D+	53/100	25.5x	—	0.9%	+0.23%	$455.6M	Benchmark Subject
MTLS Materialise NV	C-	59/100	—	—	—	+6.79%	$427.6M	/mtls-vs-iiiv →
DDD 3D Systems Corporation	E	27/100	16.3x	33.9%	-32.8%	-2.01%	$486.8M	/ddd-vs-iiiv →
MTC MMTec Inc.	E	26/100	—	21.6%	-12.0%	-4.91%	$500.9M	/mtc-vs-iiiv →
BLZE Backblaze Inc. (Class A)	D-	39/100	—	60.9%	-34.5%	-4.01%	$540.4M	/blze-vs-iiiv →

2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)

SEC EDGAR 10-K • FILED 2025-09-30 • CIK 0001728688

In its most recent audited fiscal period (FY2025, filed 2025-09-30), i3 Verticals Inc. (Class A) (IIIV) reported GAAP revenue of $213.2M (+11.5% vs. FY2024 revenue of $191.2M , and +12.4% cumulative change since FY2023) , GAAP net income of $17.9M, operating cash flow of $5.7M, and free cash flow of $3.8M (-91.7% YoY). On the balance sheet, IIIV closed FY2025 with $595.9M in total assets against $0 in total debt (Altman Z-Score: 3.16, Piotroski F-Score: 5/9).

Fiscal Period	Filing Date	Revenue	Net Income	Operating Cash Flow	Free Cash Flow	Total Assets	Total Debt
FY2025 (FY)	2025-09-30	$213.2M	$17.9M	$5.7M	$3.8M	$595.9M	—
FY2024 (FY)	2024-09-30	$191.2M	$113.3M	$48.4M	$45.4M	$726.2M	$0
FY2023 (FY)	2023-09-30	$189.7M	-$811.0K	$37.2M	$37.2M	—	—

3. IIIV Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)

✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

Is IIIV stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

As of 2026-11-01, i3 Verticals Inc. (Class A) (NASDAQ: IIIV) is rated D+ (Sell / SELL) by Roarable's 5-pillar RQD engine with a composite confidence score of 53/100 at a spot price of $17.31 (+0.23% 1D, market cap $455.6M). Pillar breakdown: Fundamental Cash Engine 7/20, Institutional 13F & Options Flow 10/20, Executive Insider Alignment 14/20, FRED Macro Regime Fit 13/20, and SEC Balance-Sheet Forensics 9/20. Across 714 tracked Technology issuers, IIIV ranks #357 in composite RQD confidence.

How does IIIV compare to MTLS and DDD in the Technology sector?

Within the Technology sector (Computer Software: Prepackaged Software), IIIV carries a Roarable D+ (53/100 RQD), trailing P/E of 25.5x, gross margin of —, and ROIC of 0.9%. By comparison, MTLS (Materialise NV) holds a C- grade (59/100 RQD, P/E N/A, ROIC —, cap $427.6M) and DDD (3D Systems Corporation) posts a E grade (27/100 RQD, P/E 16.3x, ROIC -32.8%, cap $486.8M). Among the 5-stock peer group, DDD leads on earnings multiple (16.3x) while IIIV leads on capital efficiency (0.9% ROIC).

What are the biggest fundamental strengths and SEC risk factors for IIIV?

Per IIIV's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-09-30, CIK 0001728688), i3 Verticals Inc. (Class A) generated $213.2M in revenue (+11.5% YoY), $17.9M in net income, and $3.8M in free cash flow against $595.9M in total assets and $0 in total debt. Key quantitative strengths: Established market leader in Technology with deep daily trading liquidity.. Primary risk factors monitored: Company executives have done more routine share selling than personal cash buying lately.. Institutional options positioning shows a 50% call / 50% put premium split.

Where is IIIV trading relative to its 50-day, 200-day, and 52-week technical levels?

IIIV last traded at $17.31 (+0.23% on volume of 313,930 shares), positioning the stock +8.87% above its 50-day simple moving average ($15.90) and -13.02% below its 200-day simple moving average ($19.90). Across its 52-week range of $13.63 to $31.33, IIIV sits at the 20.8% percentile with a 14-day RSI of 66.5 (BULLISH MOMENTUM) and an implied next-earnings move of ±8.2% ($15.89 to $18.73).

IIIV Investor FAQ & Complete 8-Part Research Index

100% OPEN ACCESS • SEC EDGAR × CBOE × FRED

Should I buy, hold, or sell IIIV stock right now?

i3 Verticals Inc. (Class A) (IIIV) currently earns a Roarable Rating of D+ (Sell — SELL) with 53/100 RQD Confidence. Stretched risk/reward at 26x P/E (1% return on capital) under elevated 10-year interest-rate pressure.

What is IIIV's 12-month price target and RQD AI Jury consensus?

IIIV's 12-month base price target is $16.92 (range $13.2 to $32.9), backed by transparent SEC XBRL cash-flow, Form 4 insider, and CBOE options flow analysis.

Direct Sub-Reports: IIIV RQD Cockpit IIIV 12M Forecast IIIV Earnings & Move IIIV Dividends & DRIP IIIV Insiders & 13F IIIV Whale Options IIIV Profit Sankey IIIV News & Why